Price $4,856,000 | Built/Renov 2008/2022 | Tenant 7-Eleven |
Cap Rate 5.55% | Lease Type
Abs NNN | Guarantor Franchisee |
Size/SF
6,005
| Lease Start
08-01-2021
| #Units
5
|
Price/SF $808.66 | Expiration
08-01-2036
| Tenant Type Convenience/Gas |
NOI $269,510 | R. Term 12.7 | Ownership Fee Simple |
Rent/SF
$44.88
| Increases 7.5%/3/yrs | Pop 5Mi 10,146 |
Lot/AC 0.48 | Options 3/5yrs/4% | AHHI 5Mi $86,639 |
| |
7-Eleven is located at the signalized, hard corner intersection of State Highway 19 and Interstate 20, which has a combined daily traffic count of 56,000 vehicles. Furthermore, the property benefits from nearby access to State Highway 243 (11,000 VPD) and State Highway 64 (10,000 VPD), making this an ideal, centralized location with easy commutes. Situated in a dense retail corridor, the...
...Signalized intersection
Recent renovation
Dense retail corridor
Freeway visibility
Highway location
Income tax free state
Absolute NNN
Accelerated depreciation
Personal guarantee
Investment grade tenant
7-Eleven is the world's largest operator, franchisor, and licensor of convenience stores. It operates, franchises and/or licenses more than 83,000 stores in 19 countries, including over 12,500...
1 Miles | 3 Miles | 5 Miles | |
2028 Total Population : | 442 | 5,074 | 10,352 |
2023 Total Population : | 442 | 5,056 | 10,213 |
2023 Employed Civilian Pop : | 176 | 2,087 | 4,391 |
2023 Total Businesses : | 72 | 503 | 631 |
2023 Average Household Income : | $ 85,529 | $ 89,050 | $ 88,946 |
2023 Total Consumer Spending : | $ 11 M | $ 154 M | $ 305 M |
2023 Median Age : | 44 | 43 | 45 |
2023 Total Households : | 152 | 1,981 | 3,904 |
2023 Pop Age 25+: Bachelor's Degree : | 41 | 553 | 1,130 |
2023 Average Home Value : | $ 285,317 | $ 233,557 | $ 271,284 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
N Trade Days Blvd | I- 20 Srv Rd | 2013 | 11,132 | 0.21 mi |
Vz County Road 3120 | Co Rd 3120 | 2013 | 42 | 0.23 mi |
Highway 19 | I- 20 Srv Rd | 2021 | 8,024 | 0.25 mi |
I-20 Frontage Road | Country Club Dr | 2021 | 4,640 | 0.69 mi |
I 20 | Country Club Dr | 2021 | 41,938 | 0.69 mi |
Country Club Dr | 2021 | 3,881 | 0.71 mi | |
I 20 | I- 20 Srv Rd | 2021 | 47,301 | 0.78 mi |
Wynne Rd | Co Rd 2106 | 2013 | 359 | 0.80 mi |
North Trade Days Boulevard | Wynne Rd | 2020 | 10,573 | 0.99 mi |
Edgewood Rd | I- 20 Srv Rd | 2018 | 2,881 | 1.13 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]